Punjab Cabinet approves implementation of old pension scheme
Darpan News Desk IANS, 18 Nov, 2022 02:07 PM
Chandigarh, Nov 18 (IANS) Eyeing Gujarat elections, the Bhagwant Mann-led AAP government on Friday approved the notification for implementing the old pension scheme (OPS) in Punjab, directly benefitting more than 1.75 lakh government employees.
A decision to this effect was taken in the meeting of the council of Ministers held under the leadership of the Chief Minister here.
Disclosing this here today, a spokesperson for the Chief Minister's Office said the government has approved the OPS for its employees currently covered under New Pension Scheme (NPS), fulfilling a long-pending demand of employees of the state.
This will directly benefit more than 1.75 lakh employees currently covered under NPS. In addition to this, 1.26 lakh employees are already covered under the existing OPS.
The scheme is aimed at safeguarding the future of government employees and recognising their contribution towards the state. In order to ensure that the scheme being introduced is financially sustainable for the exchequer in the future also, the government will be contributing proactively towards creation of a pension corpus which will service the pension in future to the beneficiaries of the scheme.
This contribution towards the pension corpus will be Rs 1,000 crore per annum initially and will gradually increase in future.
Besides, the current accumulated corpus with NPS is Rs 16,746 crore for which the state will request Pension Fund Regulatory and Development Authority of the government of India to refund this amount for effective utilisation at its end.
The Special cell of Delhi Police has busted an inter-continental syndicate of cocaine traffickers operating in a highly organized manner and recovered a massive 1,850 grams of contraband valued at approximately Rs 10 crore in the international market.
According to the data, Punjab tops in the seizure of arms on western border with 110 arms seized during this period whereas the total arms recovered on western border is 134. In the year 2019, seven arms were seized, 42 in 2020, 58 in 2021 and three till January 25 this year in Punjab.
Rahim is on 21-day furlough from Sunaria jail and is camping in Gurugram. He will be getting 10 NSG security personnel for mobile security and eight security personnel for his residence security. The Haryana government's recommendation to grant the top layer security cover to the convicted sect leader comes following his request.
Many residential and industrial parts of the city faced major power outages as employees of the Electricity Department went on a three-day strike from Monday night in protest against the privatisation of the department. Most of the places have been facing snapping of power since midnight.
In a significant decision by the Guru Nanak Dev University syndicate, Professor Dr Sanjeev P. Sahni, Principal Director, Jindal Institute of Behavioural Sciences (JIBS), has been appointed as 'Professor of Eminence' for a period of five years. Dr Sahni joins an elite list of scholars extraordinaire who have been awarded the position based on their outstanding contribution to the field of academia.
The accused, identified as Nikhil Goswami, a resident of Uttar Pradesh's Ghaziabad, before being arrested by the Delhi Police from Ghaziabad, stayed for two days in Manali, Himachal Pradesh in an expensive hotel, where the room rent was Rs 25,000 per day.
